Corporate Strategy Associate, Business Development

PrudentialNewark, NJ
63dHybrid

About The Position

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading financial services institutions! Reporting to the Head of Strategic Business and Relationship Development, you will be driving strategy development efforts focusing on new transactional opportunities for Prudential. The role will focus on strategic opportunity development and project management across the organization in close partnership with Business Units and Corporate Development. The role spans the global enterprise and all its areas of business. The current EWA for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.

Requirements

  • 2+ years in financial services, preferably investment banking, or in corporate development/business development roles with a deep understanding of the financial services business.
  • Bachelor's degree
  • Outstanding strategic and quantitative skills to draw key insights and develop clear recommendations.
  • Attention to detail with ability to dive into new topics and quickly absorb and distill large amounts of complex/detailed information into a readily digestible work product.

Nice To Haves

  • Superior communication and stakeholder management skills, with the ability to effectively collaborate with diverse teams and influence decision-making at all levels of the organization.
  • Curiosity and drive with an innovative mindset.

Responsibilities

  • Develop and maintain approaches for evaluating opportunities for Pru's business development including but not limited to: Acquisitions, Minority Stake Investments, Partnership Agreements, Investment Management Agreements, and Strategic Reinsurance
  • Supporting critical initiatives including execution of specific projects at the direction of the senior leadership team, synthesizing insights, and recommendations into presentations to clearly communicate findings to business unit leaders and working closely with subject matter experts across departments and within the corporate strategy team.
  • Developing cross-functional relationships across the enterprise to gather inputs and assumptions to develop a viewpoint that will ultimately influence strategic development and direction.
  • Identify changes in competitive landscape, market conditions, industry trends, regulatory environment, regional or country macro-economic factors, etc. which may require changes to strategic plans.
  • Be a role model, educator, coach, and mentor across the wider organization.

Benefits

  • Market competitive base salaries, with a yearly bonus potential at every level.
  • Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave.
  • 401(k) plan with company match (up to 4%).
  • Company-funded pension plan.
  • Wellness Programs including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs.
  • Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.
  • Education Benefit to help finance traditional college enrollment toward obtaining an approved degree and many accredited certificate programs.
  • Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Insurance Carriers and Related Activities

Number of Employees

5,001-10,000 employees

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